iShares MSCI India ETF $INDA Shares Sold by BOCHK Asset Management Ltd

BOCHK Asset Management Ltd reduced its position in iShares MSCI India ETF (BATS:INDA) by 11.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,000 shares of the company’s stock after selling 500 shares during the quarter. BOCHK Asset Management Ltd’s holdings in iShares MSCI India ETF were worth $223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in INDA. Salem Investment Counselors Inc. grew its holdings in shares of iShares MSCI India ETF by 166.7% during the 1st quarter. Salem Investment Counselors Inc. now owns 480 shares of the company’s stock worth $25,000 after purchasing an additional 300 shares during the period. Ramirez Asset Management Inc. acquired a new stake in shares of iShares MSCI India ETF in the first quarter worth $26,000. Centricity Wealth Management LLC purchased a new position in shares of iShares MSCI India ETF in the 2nd quarter valued at $31,000. Redwood Park Advisors LLC acquired a new position in shares of iShares MSCI India ETF during the 1st quarter valued at $38,000. Finally, MCF Advisors LLC boosted its position in iShares MSCI India ETF by 460.7% during the 1st quarter. MCF Advisors LLC now owns 914 shares of the company’s stock worth $47,000 after purchasing an additional 751 shares during the period.

iShares MSCI India ETF Stock Performance

INDA stock opened at $52.40 on Thursday. The firm has a market cap of $9.10 billion, a P/E ratio of 25.20 and a beta of 0.48. iShares MSCI India ETF has a 1 year low of $47.60 and a 1 year high of $59.49. The stock has a 50-day simple moving average of $52.90 and a 200-day simple moving average of $53.23.

iShares MSCI India ETF Profile

The iShares MSCI India ETF (INDA) is an exchange-traded fund that is based on the MSCI India index, a market-cap-weighted index of the top 85% of firms in the Indian securities market. INDA was launched on Feb 2, 2012 and is managed by BlackRock.